New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-09-28
MISCELLANEOUS RAILWAY INTELLIGENCE

MISCELLANEOUS RAILWAY INTELLIGENCE
The directors OF the NewYork and New England Rail-
road Company, at a meeting yesterday declared the
usual DIVIDEND the preferred stock There
were rumors In Wall Street Monday that the dividend
would be passed. but they we're not generally creditod
CHICAGO, sept IA morning paper says: " IL has
leaked that the Chicago, Burlington and Northern
has given absolute notice OF withdrawal from the West
and Northwestern Railway Freight Bureau The
notice OF withdrawal Is datel September 90 and In
cordance with the terms OF the into effect
fifteen days from that date. This action the part OF
Burlington and Northern ia almost certain to lead to
a general breakup OF the Western and Northwestern
Freight Association which, Of course means still moro
cutting OF rates and reckless competition than have pre-
vailed heretofore"
The jout meeting OF the cassfca alton commissions
Gently appointed 10 carry into effect the agreement
into one which was 10 have been held In this 81 to-day
has been o.poned until October L. The southern roads
reported TO he anxious 10 Join the Eastern and West
roads In making a uniform classliicatisn
PiTrsBURG Sept. 27.-TLere are indications that tho
proposed forming OF classc alton OF freight
for all trunk lines between New-York and the Pacific
Coast will be abandoned. prominent railroad official
assigned for this that the Western roads par
cnary those from tho Pacific Coast seemed determined.
against the inclination OF the Eastern roads, IN have their
terms adopted.
ranged To the general satisfaction Of all the lines Wheat
for instance the largest export shipment, will be trans
TO Philadelphia and % to Baltimore.
PHILADELPHIA. Sept 27-Tbe statement Of the busi
ness of all lines OF the Pennsylvania Railroad Company
Ptsburg and Erie for August 1887 as compared
with the same month 1886 shows increase In gross
earnings Of S496.622; an increase In expenses OF
1874 1871 nm increase In net earnings OF $249l The
eight months 1897 compared with the period
OF 1886 show increase In earnings OF S3s54-
s75 an crease expenses Of 81 6ii.7l2 An increase
In net earnings OF 81 21O163 All lines west OF Pitts
burg and for the eight mouths OF 1897 show sur
plus over all liabilities OF $779.947 beDs gain as com
pared with the period Of 1885 of S933,7l l..
The statement of business 81 the Norfolk ami western
Railroad COMPANY August. 1897 shows net earnings
of ST so GA AN increase Of S46695 compared With
the same month last year For the eight months endo
August 81 the net earnings were 81 O2309O an ncrea
or $24 862 compared with the corresponding period
OF 1885,
LocKroRT. Sept % tspeciat.-The annual inspection
o. the New-York Central Railroad will take place next
week. The rudlsy dynogaph has been over the
eure four tracks and noted every variation In rails or
grade he party 10 be composed oil the general super
tutenden division superintendent and roadmssfers OF
the various branches and sections IL Will leave New
York on Monday the western division Ivy the
last the offered for the best piece OF
sad- bed the competition among the roafmaslers 10
great fuperini endeni Burrows western division has
held tho first prize for number OF years.